FIIs & DIIs Increase Stake: Pipes Manufacturer Breaks Breaks Ground on USD 100 Million Expansion in USA
FIIs & DIIs Increase Stake: Pipes Manufacturer Breaks Breaks Ground on USD 100 Million Expansion in USA
The company recently broke ground on a USD 100 million expansion of its HFIW pipe manufacturing facility in Little Rock, Arkansas, USA.
During the September to June quarter, FIIs increased the stake to 11.65 per cent from 10.51 per cent during the March to June quarter. Meanwhile, DIIs during the same period increased the stake from 9.74 per cent to 11.41 per cent.
Fidelity, the World’s Largest Fund House invested in this company; Stock with multibagger return of 5,700 per cent hits 52-week high back-to-back!
Shares of the company have generated 560 per cent return in the last three years
The company’s Return on Capital Employed and Return on Equity is at 24.4 per cent and 23.4 per cent respectively.
Indices closed on a mixed note; Banks and Auto sector stocks are the top gainers
Hero Motocorp, Coal India and Bajaj Auto were the top gainers while BPCL, ITC and Infosys were the top losers amongst Nifty 50 stocks.
Nifty closed 38 points or 0.22 per cent above from previous close after sharp profit booking of morning session and closed around 17,398 level. S&P BSE Sensex closed around the day’s high with a rise of 152 points. Nifty Midcap 100 and Nifty Small cap 100 soared 0.44 per cent and 0.74 per cent respectively.
Stocks below Rs 100: Only buyers seen in these scrips on April 20
At 11.30 am on Wednesday, the core equity indices i.e., Sensex & Nifty 50 were trading higher by almost 1 per cent each as the dollar rose higher and the IMF cut the growth forecast by almost a per cent, owing to the effects of the ongoing war in several countries.
At 11.30 am on Wednesday, the core equity indices i.e., Sensex & Nifty 50 were trading higher by almost 1 per cent each as the dollar rose higher and the IMF cut the growth forecast by almost a per cent, owing to the effects of the ongoing war in several countries.
Stocks below Rs 100: Only buyers seen in these scrips on April 19
The scrip of AU Small Finance Bank is up by almost 6 per cent as the company is expected to announce bonus shares whereas Apollo Hospitals is a top gainer in the mid-cap space and is up by 5.48 per cent.
At 11 am, the core equity indices i.e., Sensex and Nifty 50 were trading flat amidst mixed global cues. The Asian markets plunged due to a fall in the technology stocks as well as the surge in COVID-19 cases.
Stocks below Rs 100: Only buyers seen in these scrips on April 18
At 11.30 am, the core equity indices i.e., Sensex & Nifty 50 were still trading 2 per cent lower as the markets crashed at the time of market opening on Monday amidst higher dollar appreciation and rising crude oil prices
At 11.30 am, the core equity indices i.e., Sensex & Nifty 50 were still trading 2 per cent lower as the markets crashed at the time of market opening on Monday amidst higher dollar appreciation and rising crude oil prices
Stocks below Rs 100: Only buyers seen in these scrips on April 12
At 10.30 am on Tuesday, the core equity indices i.e., Sensex and Nifty 50 fell by almost a per cent each, owing to the persistent geopolitical tensions coupled with rising supply chain difficulties in China.
At 10.30 am on Tuesday, the core equity indices i.e., Sensex and Nifty 50 fell by almost a per cent each, owing to the persistent geopolitical tensions coupled with rising supply chain difficulties in China.
Opening Bell: Markets open lower; rupee weakens amidst strict inflationary curbs by global banks!
On Tuesday morning, the markets opened on a lower note amidst weaker global cues. Asian markets are down, owing to the supply chain disruption caused due to the lockdown restrictions in China.
Stocks below Rs 100: Only buyers seen in these scrips on April 11
At 1 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally lower amidst weak global cues.
At 1 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally lower amidst weak global cues.
Stocks below Rs 100: Only buyers seen in these scrips on April 8
At noon on Friday, the core equity indices i.e., Sensex and Nifty 50 were trading higher as RBI kept the policy rates unchanged in the bi-monthly policy meet. The monetary policy stance remains accommodative as the repo rate also remains unchanged at 4 per cent.
At noon on Friday, the core equity indices i.e., Sensex and Nifty 50 were trading higher as RBI kept the policy rates unchanged in the bi-monthly policy meet. The monetary policy stance remains accommodative as the repo rate also remains unchanged at 4 per cent.
Stocks below Rs 100: Only buyers seen in these scrips on April 7
At 11.30 am, on Thursday, the core equity indices i.e., Sensex and Nifty 50, fell for the third consecutive day due to poor global cues. The price of crude oil fell below $100 and is trading at $ 97.54 per barrel.
At 11.30 am, on Thursday, the core equity indices i.e., Sensex and Nifty 50, fell for the third consecutive day due to poor global cues. The price of crude oil fell below $100 and is trading at $ 97.54 per barrel.
Overnight Digest: Stocks likely to be in focus on April 6
On Wednesday, the Indian equity markets ended lower on the second consecutive day, as the US markets dipped over the concerns expressed by Fed Governor Lael Brainard as well as Fed President Mary Daly, who hinted at the speedy tightening of inflation by hiking the rates.
On Wednesday, the Indian equity markets ended lower on the second consecutive day, as the US markets dipped over the concerns expressed by Fed Governor Lael Brainard as well as Fed President Mary Daly, who hinted at the speedy tightening of inflation by hiking the rates.